nd silver enough in the
colonies to pay the stamp duty for one year.
Q.--Don't you know that the money arising from the stamps was all
to be laid out in America?
A.--I know it is appropriated by the Act to the American service;
but it will be spent in the conquered colonies, where the soldiers
are, not in the colonies that pay it.
Q.--Is there not a balance of trade due from the colonies where the
troops are posted, that will bring back the money to the old
colonies?
A.--I think not. I believe very little would come back. I know of
no trade likely to bring it back. I think it would come from the
colonies where it was spent, directly to England; for I have always
observed that in every colony the more plenty the means of
remittance to England, the more goods are sent for, and the more
trade with England carried on.
Q.--What may be the amount of one year's imports into Pennsylvania
from Britain?
A.--I have been informed that our merchants compute the imports
from Britain to be above L500,000.
Q.--What may be the amount of the produce of your province exported
to Britain?
A.--It must be small, as we produce little that is wanted in
Britain. I suppose it cannot exceed L40,000.
Q.--How then do you pay the balance?
A.--The balance is paid by our produce carried to the West Indies,
and sold in our own island, or to the French, Spaniards, Danes and
Dutch; by the same carried to other colonies in North America, as
to New England, Nova Scotia, Newfoundland, Carolina and Georgia; by
the same carried to different parts of Europe, as Spain, Portugal
and Italy. In all which places we receive either money, bills of
exchange, or commodities that suit for remittance to Britain; which
together with all the profits on the industry of our merchants and
mariners, arising in those circuitous voyages, and the freights
made by their ships, centre finally in Britain to discharge the
balance, and pay for British manufactures continually used in the
province, or sold to foreigners by our traders.
Q.--Do you think it right that America should be protected by this
country and pay no part of the expense?
A.--That is not the case. The colonies raised, clothed, and paid,
during the last war, nearly 25,000 men, and spent many mil
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